RDF redflex holdings limited
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  1. SimonGr
    3,456 Posts.
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    27/08/19
    14:44
    Post #: 40174966
    Yep agree. I've scribbled some notes and will post later on. A couple of queries I had but haven't yet asked RDF...

    1/ Why financing costs so high? $943K but only $477 in interest?
    2/ Note 11 - why are impairments on receivables so high ($10.4M)? That's a big amount that could be reversed out into profit at some time!?

    But - nothing I've seen yet has changed my view, well undervalued IMO.

    Cheers, Simon
    RDF Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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